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2524 Peabody Street

2524 Peabody Street, Bellingham, WA 98225
Property in Cornwall Park
Sold Nov 24, 2021
$692,000
$622,800 by Savibank
Mortgage Due Dec 01, 2051
Sold Nov 24, 2021
$692,000
$622,800 by Savibank
Mortgage Due Dec 01, 2051
2524 Peabody Street has been categorized by the local assessors in Bellingham, WA as a residential type of property. The building on the property was first built in 1915 and is 109 years old. However, we must point out that the home was most recently renovated and altered in 1969. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2524 Peabody Street has 1,385 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,356 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of composition shingle. The exterior walls of the building are made of concrete. While the interior walls have been made of finished/painted materials. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a wood burning heating system and being fueled with wood. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2524 Peabody Street sold most recently in Nov 18, 2021 for a total of $692,000. If you work out the math, that's approximately a cost of $499.64 per sqft. Before that, the property was also sold for $692,000 in Nov 19, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,644 in taxes each year. 2524 Peabody Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $636,882. If we break it down further, the land itself was valued at $252,560. Improvements to the property, however, were assessed at a total of $384,322. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Finished/painted materials
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,385
  • Gross Building Area: 1,385
  • Building Area: 1,385
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Wood burning
  • Heated Square Feet: 1,385
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPPLEMENTAL MAP OF WHATCOM
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Dormitory, group quarters (residential)
  • Legal Description 1: SUPPLEMENTAL MAP OF WHATCOM LOT 10 BLK 266

Ownership

  • Current Owner : CEDAR HOUSE TRUST
  • Previous Owner : GILBERT BRENNAN D
  • Previous Owner 2: GILBERT JENNIFER D
  • Owner Before Previous Owner: GILBERT BRENNAN D
  • Owner Before Previous Owner 2: GILBERT JENNIFER D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 14, 2023

Neighborhood

  • School District Name: Bellingham School District
  • Census Tract: 000402

Zoning

  • Zoning: RM5.0

Geography

  • Account Number: 61968
  • District: BELLINGHAM
  • Parcel: 380319-037124-0000
  • Block: 266
  • Lot: 10
  • Meridian: SEC 19 TWN 38 RNG 03
  • Municipality: BELLINGHAM 501
  • Latitude: 48.7641
  • Longitude: -122.485

    Address

  • Full Address: 2524 Peabody St
  • Address - House Number: 2524
  • Address - Street Name: Peabody
  • Address - Suffix Type: St
  • State: WA
  • City Name: Bellingham
  • Carrier Code: C048
  • 4-Digit Zip Code: 2438
  • Zip Code: 98225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,644
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 703,338
  • High Value: 841,790
  • Low Value: 564,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $622,800
  • First Open Lien Mortgage Lender: SAVIBANK
  • First Open Lien Mortgage Recording Date: Nov 24, 2021
  • First Open Lien Mortgage Loan Amount: $622,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $636,882
  • Market Land Value: $252,560
  • Market Improvement Value: $384,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $636,882
  • Assessed Land Value: $252,560
  • Assessed Improvements Value: $384,322

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 24, 2021
  • Current Sale Transaction ID: 11880984369
  • Current Sale Price: $692,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3775
  • Previous Sale Recording Date: Nov 24, 2021
  • Previous Sale Contract Date: Nov 19, 2021
  • Previous Sale Amount: $692,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SAVIBANK
  • First Mortgage Transaction Date: Nov 24, 2021
  • First Mortgage Loan Amount: $622,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SAVIBANK
  • Previous Mortgage Transaction Date: Nov 24, 2021
  • Previous Mortgage Loan Amount: $622,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Cornwall Park



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Frequently Asked Questions

What neighborhood is 2524 Peabody Street located in?
The 2524 Peabody Street is a located in the neighborhood of Cornwall Park in Cornwall Park, Bellingham.
What is the average sales price for listings in 2524 Peabody Street?
The average sales price for units in 2524 Peabody Street is $0 currently.

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